Purchasing a home is one of the most important transactions a person will ever make. The first step is to pick out specific areas to focus your search on. When looking at neighborhoods, check out the quality of schools, the average home prices, the major employers, and the nearby resources (fire station, library, grocery stores, etc. After choosing the best area for your family, it is now time to start taking more proactive steps. With the age of technology, long gone are the days when buyers had to search the newspaper for homes for sale or had a need to walk into a real estate office. Print advertising has proven over time to be the least effective means of getting “the word” out about homes for sale. Over 90 percent of buyers search the internet for homes that fit their criteria.
Resources for Buyers
A real estate agent will be your major resource for help and information. Margaret Biegelman prides herself on taking the consultive approach in working with her buyers. Once she finds out her buyer’s needs and wants, she sends them homes through the internet in their price range and location of choice. In addition to helping her buyers to find their dream home, Margaret has a list of financial institutions to help them obtain their mortgage.
Financing is a crucial step in the buying process. It is important to be pre-approved for a mortgage before seriously looking at homes. Pre-approval means that you have been fully screened by the lender and approved for the loan. It can be very disappointing to find the home of your dreams, make an offer, get it accepted, only to find out that you will not be approved by the lender. It is important in any market to present your offer with the best terms and financing to a seller. There may be two identical offers for a particular home and the seller will usually go with the buyer who has the best terms. The best price offered for a home is meaningless if the deal can’t close due to financing. A seller may actually take a lower offer with stronger financial terms.
Working with Margaret Biegelman as your Certified Buyer Representative will be critical when it comes time to negotiate your offer. Hiring a Certified Buyer Representative is always preferable for negotiating on your behalf. Most buyers do not realize that the agent they are working with is actually working in the best interest of the seller unless hired by the agent, although as Buyer Customers, the agent does have to provide fairness and honesty at all times and is obligated to disclose any material defect about the property to them. The home buying process is long and involved, but with the right resources, namely Margaret Biegelman, it can be exciting and fun. Call Margaret Biegelman for a home buying consultation.